Skip to main content

Aegis ITS and Team Econolite to merge

Aegis ITS, an Econolite Group company, has announced it will merge with fellow Econolite Group company, Team Econolite, to form a single division - Aegis ITS. The consolidation, effective 1 January, 2012, is designed to provide complete ITS services, streamlining operational processes for enhanced customer service
May 2, 2012 Read time: 1 min
Aegis 3278 ITS, an 5368 Econolite Group company, has announced it will merge with fellow Econolite Group company, Team Econolite, to form a single division – Aegis ITS. The consolidation, effective 1 January, 2012, is designed to provide complete ITS services, streamlining operational processes for enhanced customer service.

“As part of our ongoing efforts to offer customers a complete spectrum of services, this restructuring will significantly enhance our market responsiveness by consolidating our technical and support capabilities,” said Aegis ITS CEO, Douglas Terry. “In addition, by combining Team Econolite’s operations and maintenance expertise with our core competencies of ITS programme management, software development, system engineering, integration and deployment, we offer our customers support throughout the ITS lifecycle.”

According to Aegis ITS, there will be no change to Team Econolite’s current operations and maintenance contracts and services and the transition will be transparent.

For more information on companies in this article

Related Content

  • Hexagon completes North West Geomatics acquisition
    June 11, 2014
    Hexagon, a leading global provider of design, measurement and visualisation technologies to a wide number of industries, including road construction and mining, has acquired the remaining 90% of shares in North West Geomatics, making the company a fully owned Hexagon subsidiary. North West Geomatics, also known as North West Group (North West), provides high-quality aerial mapping and related spatial data services to engineering and mapping firms, environmental consulting organisations and government agen
  • New deals between testing equipment companies are good news for customers
    May 22, 2014
    This month we report on two very different deals which see materials testing equipment companies in Italy and Australia joining forces and the result should be more competition, better machines and better prices for customers - Kristina Smith writes Italy’s CONTROLS Group has acquired Autralia’s IPC Global in a deal signed on 31 March this year.The first of two deals which see Italy and Australia joining forces came in March this year. CONTROLS Group acquired Australian material testing equipment manufactur
  • Safe road barrier innovations
    March 8, 2012
    New road barrier concepts offer major gains in highway safety.
  • Caterpillar stages grand opening of new parts distribution centre in Dubai
    March 6, 2013
    Caterpillar employees, executives, dealers and customers, along with local dignitaries, today celebrated the grand opening of the company’s new parts distribution centre in Dubai, United Arab Emirates (UAE). The 46,451m² Middle East Distribution Centre (MEDC) employs 130 people and will further strengthen aftermarket parts support in the East-Africa and Middle East region. The facility will also serve as a regional office for employees from other Caterpillar service groups. The MEDC follows the opening of o